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a) What is the Before Tax Cash Flow? b) What is the After Tax Cash Flow 2) Given: Annual Debt Service Vacancy & Collection Loss

a) What is the Before Tax Cash Flow? b) What is the After Tax Cash Flow

2) Given: Annual Debt Service Vacancy & Collection Loss Depreciation PGI Interest Operating Expenses Marginal Tax Rate $ 20,876 4% 10,000 46,200 3,500 18,400 All numbers are annual a) What is the Before Tax Cash Flow? b) What is the After Tax Cash Flow?

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